Artificial intelligence (AI) technology and the use of cryptocurrencies have been intertwined in recent months. Microsoft’s $10 billion OpenAI investment has brought it to the agenda of the AI coins market. “Crypto Lark”, a guest on Youtube channel Altcoin Daily, lists 11 artificial intelligence coins that he expects 100x in a wild guess.
100x expected 11 AI coins
Ocean Protocol (OCEAN)
The first artificial intelligence coin mentioned in the video, Ocean Protocol (OCEAN), uses AI and Blockchain technology to unlock data at scale. It is an open-source protocol that allows businesses and individuals to exchange and monetize data and data-based services using data tokens to gain access to datasets. These tokens are used by users who need access to information. Ocean Protocol has its own data marketplace with blockchain superpowers that allow you to buy and sell private data while protecting your privacy.
The Graph (GRT)
The second AI coin mentioned in the video, The Graph (GRT), an indexing protocol for extracting networks like Ethereum and IPFS, is an open source software used to collect, process and store data from various Blockchain applications to facilitate information retrieval. It analyzes and collects blockchain data before saving it in various directories called subgraphs, thus allowing any application to send a query to its protocol and get an instant response.
Fetch.ai (FET)
Fetch AI is an artificial intelligence project that creates a decentralized machine learning platform that allows anyone to share or exchange data. Fetch aims to create a new digital economy where people can bypass centralized aggregators using software intermediaries known as autonomous economic agents.
Other AI altcoins mentioned in the video include SingularityNET, Ankr, Hivemind, Numeraire, Acropolis, OceanEX, Cortex, and TomoChain. As Kriptokoin.com, we have included the detailed analysis of Forbes about each of them in this article.
Analyst’s expectations
Crypto Lark states that these altcoins do not need to be bought and held for years like Bitcoin or Ethereum. He believes that at most one cycle will suffice. It also warns viewers to be wary of project promises, as the crypto space can be extremely volatile and unpredictable.
The use of AI in cryptocurrency has the potential to revolutionize the industry. With the continuous development of AI technology, there is no doubt that we will see even more innovations in the crypto space. These 11 AI coins mentioned by Crypto Lark are just a few of the many projects currently using AI in their development. Investors interested in the crypto space may want to keep an eye on these projects and others like them to see where the future of AI in cryptocurrency goes.
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